Former Direct Mortgage Employees File Suit for Fraud and Unpaid Wages
Two former Direct Mortgage employees have filed a lawsuit claiming fraud and over $750,000 in unpaid wages, highlighting potential issues within the company.
Rhode Island housing initiative addresses zoning, parking, and SROs.
Rhode Island's ongoing housing affordability crisis prompts lawmakers to introduce new measures, including boarding houses and co-living arrangements, to address the shortage.
Mortgage Rates Surge Following Market Turmoil from Iran Strike
U.S. housing market holds steady amid rising tensions, as military actions may impact economic stability and lending conditions for private lenders.
Blend Introduces Autopilot AI to Reduce Borrower-LO Response Time
Blend Autopilot streamlines document review and compliance, providing real-time borrower updates and customized needs lists for private lenders.
Impacts of War Risk on Builders, Interest Rates, and Spring Demand
Homebuilders and lenders confront uncertainty in the market. Explore how they adapt strategies amid volatility while aiming to stabilize sales and investments.
Portland Room Rental Pilot Evaluates New Oregon SRO Regulations
Oregon's recent law changes validate single-room occupancy lodgings, transforming housing options and addressing long-standing zoning issues for private lenders.
How might conflict with Iran impact mortgage rates?
Mortgage rates remain at 5.99%, influenced by a dip in the 10-year yield and rising geopolitical tensions with Iran, affecting market stability.
Building Strategic SOPs for Private Mortgage Servicing Success
Strategic SOPs for private mortgage servicing define every workflow — from loan boarding to default resolution — so your portfolio runs on documented systems instead of institutional memory. Servicers who build SOPs before they need them eliminate compliance gaps, reduce costs, and scale without losing control of individual loan performance.
Mortgage Note Jargon Decoded: Essential Terms for Private Mortgage Professionals
A plain-English reference to essential mortgage note terms for private lenders, brokers, and investors. Covers promissory notes, amortization, default, acceleration, assignment, and professional loan servicing — with the operational context that matters for compliance and portfolio management.
Private Mortgage Servicing: Your Essential Glossary of Key Terms
A plain-English glossary of the legal and financial terms that govern private mortgage note servicing — from mortgage note and principal balance to acceleration clause and allonge — for private lenders and note investors who need compliance clarity.